The new Companies Bill, which was first introduced in the Lok Sabha in 2008, seeks to give a fillip to the cause of corporate social responsibility and corporate governance.
The government introduced the 122nd Constitution amendment Bill.
FM said a Constitution Amendment Bill for introduction of GST will be passed soon.
A Bill to restrict voting rights of brokers as shareholders and their participation on governing boards of stock exchanges was on Monday passed in Lok Sabha without discussion and by a voice vote.
Hope floats for higher trading volumes; warehousing and cold chain facilities get tax incentives.
Finance Minister Arun Jaitley appealed to parties to rise above partisan considerations to support it.
Ramalingam Kalirajan explains the pros and cons of both investment types.
GST collection grew by 12 per cent in April to Rs 1.87 lakh crore, the highest monthly mop-up since the rollout of the indirect tax regime. The gross GST revenue collected in the month of April 2023 is Rs 1,87,035 crore of which CGST is Rs 38,440 crore, SGST is Rs 47,412 crore, IGST is Rs 89,158 crore (including Rs 34,972 crore collected on import of goods) and cess is Rs 12,025 crore, the finance ministry said in a statement. The previous high collection of Rs 1.68 lakh crore was in April last year.
Parliament has cleared the Mines and Minerals (Development and Regulation) Amendment Bill, 2023, recently. The objective of the Act is to invite investments from the private sector, including foreign companies, for mining minerals such as lithium and other critical minerals. Other than lithium, some of these minerals were classified as atomic minerals, including beryl and beryllium, niobium, titanium, tantalum and zirconium.
Crude prices touched 30-months high of $120 per barrel last month following unrest in Egypt and Tunisia.
A high-level committee on Thursday recommended simultaneous elections for Lok Sabha and state assemblies as the first step followed by synchronised local body polls within 100 days.
For the first time in his political career, he failed to carry his party to even a working majority -- and again, for the first time in his career, he finds himself in a situation where he cannot rule by dictatorial fiat, points out Prem Panicker.
Break the chains of debt, invest in your future, and wave the flag of financial independence high. Freedom awaits, comrades. Let's conquer this battlefield together this Republic day, exhorts Vatsal Ramaiya.
A Bill to give effect to the policy of corporatisation and demutualisation of stock exchanges is in the pipeline, Finance Minister Jaswant Singh informed the Rajya Sabha on Tuesday.
Union Finance Minister Pranab Mukherjee accused Bharatiya Janata Party of being responsible for the Rajya Sabha's failure to pass the Lokpal Bill by changing its stand within 24 hours.
The finance minister is "reasonably confident" that when it comes to the crunch, "it would be extremely difficult even for the Congress party to take a contrarian view" on the GST Bill.
The much-delayed Insurance Bill seeks to raise the foreign investment cap in the sector from 26 per cent to 49 per cent, with a rider that the management control rests in the hands of Indian promoter.
Prime Minister Manmohan Singh and United Progressive Alliance chairperson Sonia Gandhi on Monday held a meeting at 6.30 pm at the PM's residence in the capital. The Congress leaders discussed the next course of action over the Women Reservation's Bill, which will be debated in the Parliament on Tuesday.
Amid the government's keenness to introduce Lokpal Bill in Parliament before the end of the winter session on December 22, the Union Cabinet on Sunday night had informal discussions on the much-hyped legislation which is expected to be taken up by the Cabinet formally on Monday.
The legislation was passed by 125 votes in favour and 61 against.
Suresh Prabhu on the priority being given to safety and the need for more funds for railways to move ahead.
The Goods and Services Tax Bill was passed by the Lok Sabha in May.
Finance Minister Pranab Mukherjee will hold talks with the opponents of Women's Reservation Bill before the government's takes the next step on it, Minority Affairs Minister Salman Khurshid said on Thursday.
The party says 23% of foreign investments should be by FIIs.
The finance ministry, in the explanatory memorandum to the Finance Bill 2008-09, proposes to withdraw the tax holiday which has been a window the petroleum ministry has been using to market the oil and gas exploration blocks under the New Exploration and Licensing Policy (Nelp) since 1999. The commitment to give a 7-year tax holiday to companies producing gas from Nelp blocks was finalised by the Union Cabinet after consultation with the finance ministry.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
The new Insurance Bill may take little time to see light of teh day.
At present, zero coupon bonds which are issued at a discount to the face value and where interest is in-built, are allowed to be issued only by infrastructure companies or public sector organisations.
Due to Opposition anger over the non-availability of the finance minister during discussion on the Finance Bill in the Parliament.
The Parliament on Wednesday approved a watered down version of the fiscal responsibility bill aimed at disciplining state finances that left out clauses binding the government to tough fiscal deficit targets.
A decision on the legal right of the poor to get wheat or rice at Rs 3 per kg was deferred on Thursday as Food and Agriculture Minister Sharad Pawar could not attend the meeting of a panel of ministers on the Food Security Bill on health grounds.
Dubbing the United Progressive Alliance at the Centre as "the most corrupt government ever seen by independent India", senior Bharatiya Janata Party leader L K Advani on Saturday wanted the Lokpal bill to be passed in the next session of Parliament itself.
RBI, however, does not want banks to get into it, as it is speculative.
A Bill seeking to give more operational flexibility to the Reserve Bank of India in the conduct of monetary policy was passed in Lok Sabha on Friday.
Government introduced two Bills in Lok Sabha on Friday -- one seeking to phase out central sales tax in four stages and eventually abolish it in three years and another to give more operational flexibility to the Reserve Bank of India.
Will the so-called Third Front partners be able to retain their ambitious unity till the end of this month, when the Finance Bill comes for voting in the Lok Sabha? Doubts are hovering around the Yadav duo Rashtriya Janata Dal chief Lalu Prasad and Samajwadi chief Mulayam Singh Yadav -- as the two have taken different stands in the past one week on the issue.
The Union Cabinet Thursday approved the Contempt of Courts Amendment Bill, 2004, which seeks to liberalise the law by introducing "truth" as a defence in contempt proceedings.
